Summer spenders to pick up £7.89bn bill
People in the UK will not have their spending curtailed by the credit crunch this summer and will part with around £7.89 billion, it has been claimed.
£1.1 billion 'switched between credit cards each month'
People in the UK will attempt to transfer close to £1.1 billion across credit each month, it has been claimed.
Brits 'gave £1bn on cards last year'
People in the UK made £1 billion-worth of charitable donations through their credit cards over the course of 2007, it has been claimed.
Don't use card abroad this Valentine's Day, says Nationwide
Couples looking to celebrate Valentine's Day abroad this year have been warned not to spend more than they need to by a high street bank.
Christmas expenditure 'expected to be cleared within a month'
Consumers in the UK believe that they will clear the debt they accumulated over the Christmas period within a month, it has been reported.
Review finances, consumers urged
Credit card customers should shop around for the best deal on their plastic in the new year, according to an industry expert.
Cardholders plan £9bn switch
Credit cardholders intend to move almost £9 billion worth of debt in the first quarter of 2008 by taking advantage of balance transfer deals, the findings of a new survey have revealed.
Apacs: 86% young people use plastic
Apacs, the UK payments association, has revealed that 86 per cent of those aged 18 to 24 hold a plastic card of some kind.
Cashback 'feature held most dear by consumers'
A cashback option has been named the most desirable feature for consumers taking out a credit card, according to new research.
Cutting up cards 'first step to debt recovery'
Making sure they cut up credit cards may be the first step for many towards complete debt recovery, it has been claimed.
Consumers urged to consider overseas credit card charges
Many people planning to use their credit cards while on holiday abroad are unaware that they could be charged additional fees by the provider, according to a new report.
Card firms recoup £50m in penalty fees
Revenue generated by credit card penalty fees for missed payments reached £50 million during the past six months, according to new research.
Using credit cards abroad is 'more financially secure'
While many people find credit cards more convenient than travellers cheques when making purchases abroad, one expert has claimed that using a card is much safer as well.
Credit cards 'picked by brand'
A person is more likely to take out a credit card if they are impressed by the brand behind it, it has been reported.
Rewards 'not being picked up by credit card customers'
People signing up for credit cards may not be taking advantage of the rewards being offered to them, it has been reported.
Showing restraint 'will cut credit card debt'
People who show restraint when paying off their credit cards will wash away their debt, according to a consumer finance organisation.
Card fraud 'slashed' through chip and pin
The successful rollout of chip and pin technology has seen a dramatic reduction in card fraud, having improved the security of credit card transactions for consumers in the UK.
Morgan Stanley: Credit spending more clever
The amount of money being spent on credit cards from January to March this year will increase, according to Morgan Stanley.
Women with expensive handbags 'vulnerable to crime'
Many British women risk falling victim to crime by carrying expensive items in their handbags, according to an insurance firm.
No-swipe credit cards 'linked' with identity theft
The latest innovation in banking has the potential to make customers susceptible to identity theft, experts warn.
Credit card spending spikes in July
The amount of money spent on credit cards has risen sharply in July, despite the month's historical low credit borrowing, according to moneyextra.com.
Cash machine fraud on the rise
Cash machine fraud has risen by an alarming average of 37 per cent a year between 1996 and 2005, according to Sainsbury's Bank.
Nationwide card users happiest, Barclaycard most vexed
Nationwide customers are the most satisfied with their credit cards while Barclaycard customers are the least content, new research has shown.
Lower minimum payments means twice the interest warns research
A widespread shift in the credit card industry towards lowering the minimum level that has to be paid back monthly may seem like a good thing at first glance.
Beware balance transfer credit card trap says survey
Balance transfer credit card users are paying on average ten per cent above the best rates available, to them claims a new survey.
Virgin balance transfer offer 1 year 0% interest
The Virgin Money balance transfer credit card will now offer 12-months interest free on all transfers, up from its previous offer of nine.
Interest free will never die but it will fade away
Just six credit cards offering interest free periods on new purchases for longer than ten months are left on the market, claims Sainsbury's Bank.
£500m profit from balance transfer credit card deals says research
Credit card providers are running a profit margin of around £500 million every year on balance transfer credit card deals and other introductory offers, says Nationwide.
Big four high street banks fold over excessive penalty fees
Barclaycard, Lloyds TSB and HSBC have all said that they will not contest the Office of Fair Trading's (OFT) order that they must slash their credit card penalty fees.
Am-Ex forced to apologise over balance transfer credit card fiasco
Red-faced American Express bosses have been forced to apologise after mistakenly offering customers zero per cent balance transfer credit card offers for life.
Credit comes in from the cold
The widespread availability of cash back credit cards and low interest credit card deals is driving the use of plastic for everyday purchases, says research by Morgan Stanley.
Almost £12bn switched every 6 months on balance transfer credit card deals
Almost £12 billion is due to be juggled on zero per cent finance and balance transfer credit cards over the next six months alone, research by Capital One has claimed.
Sainsbury's launches longest 0% card
Sainsbury's Bank has launched a new credit card offering the longest zero per cent period currently available in the UK, with nothing to pay on purchases for a year.
Analysts warn of death of 0% balance transfer credit cards
Credit card providers are likely to respond to Office of Fair Trading (OFT) demands on fees by deciding that zero per cent balance transfer credit card deals are no longer economical.
Balance transfer credit card users warned on small print
Borrowers using balance transfer credit cards have been warned that they must scrupulously read the small print to avoid unexpected fees, say finance advisors.
Store cards overcharging by 20% says report
Britons who choose to put spending onto store cards are routinely paying 20 per cent too much in interest, the Competition Commission has said.
UK misses £2.8bn on balance transfer claims IF
British credit card borrowers could save £2.8 billion pounds if they switched to lifetime balance transfer credit card deals, according to internet bank IF.
Consumers opting to switch credit cards
Britons are still switching from card to card in search of the latest deal, according to figures from Moneyfacts.
Credit card comparison 'almost impossible' says Which?
Making a realistic comparison of credit card deals is all but impossible as many credit card companies do not clearly explain how they calculate interest, Which? has claimed.
Visa reports 1.4m cards canned in 2005
Visa Card is reporting that the amount of money spent on its licensed plastic has declined for the first time ever.
Cashback credit card joins the endangered list
The cashback credit card is becoming endangered, if not heading towards all out extinction, say credit card advisors.
Nationwide withdraws cashback credit card
The walls began coming down on yet another branch of credit card offers today with the news that Nationwide is to withdraw its cashback credit card from new business.
BskyB resurrects the long running 0% card
BSkyB and Barclaycard have teamed up to launch a 12 month interest free balance transfer credit card.
Credit card users devoted to their plastic
Far from being the nation of bed hopping "rate tarts" that credit card companies try to paint us as, credit card users in the UK have been revealed as devoted to their cards.
Little seasonal cheer from Capital One
What has until now been the longest running balance transfer credit card is to be withdrawn from the market in another blow to credit card rate hoppers.
Credit for Christmas
Credit card companies are looking forward to a bumper Christmas, as consumers get ready to spend on their balance transfer credit card deals and no-longer-so-low low interest credit card deals.
Low interest credit card prices creep up, despite falling borrowing costs
Despite the overall cost of borrowing falling, credit card companies are raising the costs of borrowing on plastic, an extensive credit card comparison has revealed.
Credit card comparison gets harder
Increasing numbers of credit card providers are abandoning the low interest credit card and balance transfer credit card deals that they have until recently used to tempt borrowers through credit card comparison.
Current accounts: the product we love to hate
Current accounts are the financial products most likely to leave consumers unhappy, a new poll has revealed.
